Business

A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California on May 15, 2024.  Patrick T. Fallon | AFP | Getty Images Tesla is losing its lead over legacy automakers in the quality of its new all-electric vehicles, according to an annual influential study

One of the policy areas on which the Labour Party has been very specific during this general election campaign is its approach towards North Sea oil and gas production. The party has been clear that it will raise existing windfall taxes first slapped on North Sea oil and gas producers in 2022 by Rishi Sunak,

Sheets of newly-designed Japanese 10,000 yen banknotes move through a machine at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 19, 2024. Persistent weakness in the yen is raising concerns about the potential for a resurgence in cost-push inflation, likely weighing on private consumption. Bloomberg | Bloomberg | Getty Images The

An operator of Formula One driving simulators is raising £100m to fund its expansion in a financing round backed by the sport’s owner. Sky News has learnt that F1 Arcade is close to finalising the new debt facility with Liberty Media, the British challenger bank Oaknorth and Cheyne, an investment fund. City sources said on

Sydney Harbour taking in the Harbour Bridge, Opera House and ferries at sunrise during the COVID-19 pandemic on April 20, 2020 in Sydney, Australia. James D. Morgan | Getty Images News | Getty Images Asia-Pacific markets were mixed Wednesday as Australia’s inflation rate climbed for a third straight month, while semiconductor and related stocks jumped

Just 18% of companies in the UK are led by women, and while data suggests female entrepreneurs are on the rise, men still receive more funding and are entrusted with higher average loans to get them started. In an eight-part series for Sky News’ Money blog, our reporter Jess Sharp speaks to women who are

From left, Reps. Monica De La Cruz, R-Texas, Wesley Hunt, R-Texas, Ronny Jackson, R-Texas, and Dan Crenshaw, R-Texas, display Texas temporary tattoos to mark Texas Independence Day, which in on March 2nd, on the house steps of the U.S. Capitol after the last votes of the week on Wednesday, March 1, 2023. Tom Williams |

Only a few thousand miles on the clock but your car keeps breaking down? Insurance bumping up with every garage visit? You’re not the only one… Money blog reader Adam, from Derbyshire, asked: “I own a 2022 Range Rover Evoque (hybrid), the car has done 11,000 miles and I have owned it from brand new.

A cafe at the Royal Arcade, Bourke Street Mall, in Melbourne, Australia. Education Images | Universal Images Group | Getty Images Asia-Pacific markets mostly fell on Monday, ahead of inflation data from Australia and Japan later this week. Special attention will be paid to Australia’s May consumer price index figures on Wednesday, after Reserve Bank

A pack of trade and private equity suitors are circling Evri, one of Britain’s biggest parcel delivery companies. Sky News has learnt that Apollo Global Management and Platinum Equity are among the parties which have lodged initial offers for Evri, which is reportedly worth around £2bn. City sources said that a number of strategic bidders

Aerial photograph shows electric cars for export stacked at the international container terminal of Taicang Port in Suzhou, in China’s eastern Jiangsu Province. The EU and China have reportedly agreed to start talks on the planned imposition of tariffs on Chinese-made EVs. Str | Afp | Getty Images China and the European Union have agreed

Blackstone, one of the world’s biggest private equity firms, is in advanced talks to buy a stake in Ambassador Theatre Group (ATG), the owner of some of the most famous playhouses in London’s West End. Sky News has learnt that Blackstone, which manages more than $1trn (£790bn) in assets, is close to snapping up a

An Alaska Airlines Boeing 737-9 MAX sits at gate at O’Hare International Airport in Chicago, Illinois on May 22, 2024. Daniel Slim | AFP | Getty Images Alaska Airlines‘ flight attendants union said Friday that it reached a “record” tentative labor deal with the carrier, ending a drought of new contracts for cabin crews that

Around 1,500 workers at Tata Steel will hold an “all-out indefinite strike” next month, a union has announced. The industrial action at the company’s sites in Port Talbot and Llanwern, Newport, will begin on 8 July, Unite said. The union said the walkout would “severely impact” the company’s UK operations. It comes in response to

U.S. President Joe Biden departs the White House in Washington, U.S., for a campaign fundraiser in California, May 9, 2024.  Craig Hudson | Reuters President Joe Biden’s reelection effort and the Democratic National Committee raised a combined $85 million in May, according to exclusive data provided to CNBC by the Biden campaign. The sum marks

Two people have been arrested on suspicion of running an illegal exchange thought to have traded more than £1bn worth of cryptocurrency. The Financial Conduct Authority (FCA) searched the London offices of the suspects, aged 38 and 44, while the Metropolitan Police seized digital devices from two residential properties in the capital. More than £1bn